Ministry of Housing and Urban-Rural Development Supervises Editorial of "China Real Estate News": The vitality of the real estate market consumption gives confidence to high-quality development.

A article in China Real Estate News stated that currently, some real estate companies are facing risks that may affect the orderly operation of the market due to high leverage, high debt, and high turnover in previous years. However, these risks can be resolved and there is no need to worry excessively. The key is for the localities where these problematic companies are located to follow market-oriented and rule of law principles and arrangements, have a sense of responsibility for the overall situation, and actively resolve risks. It is unacceptable to enjoy the benefits of being in the "Fortune Global 500" list and receiving economic tax incentives during times of high risk, while later being slow or reluctant to take action when these risks spill over, such as by first pledging and taking away high-quality assets, which hinders efforts to stabilize the overall market and solve future market problems. For real estate companies with severe debt issues and loss of operational capability, restructuring should be expedited where necessary, and judicial disposal should be actively pursued in accordance with the spirit of rule of law, holding accountable those responsible and preventing those who created problems from escaping consequences.